NuStar Energy's Series A Preferred Units Crosses Above 11% Yield Territory
August 28, 2020 at 14:16 PM EDT
In trading on Friday, shares of NuStar Energy LP's 8.50% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units (NS. RA) were yielding above the 11% mark based on its quarterly dividend (annualized to $2.125), with shares changing hands as low as $19.04 on the day.